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Coordinating Commission warns proposed $5M transfer from Opportunity Grant fund would force award cuts; asks Legislature to reject sweep
Summary
The Coordinating Commission for Postsecondary Education told the Appropriations Committee that sweeping $5 million from the Nebraska Opportunity Grant Fund into the Education Future Fund would accelerate depletion of grant reserves and necessitate reductions in need‑based awards to thousands of students.
Mike Baumgartner, executive director of the Coordinating Commission for Postsecondary Education, asked the Appropriations Committee to reconsider a proposed $5 million transfer from the Nebraska Opportunity Grant (NOG) Fund to the Education Future Fund and to restore a $1 million general‑fund reduction the commission fears will shrink aid.
Baumgartner said NOG is Nebraska’s only state-administered need‑based aid program, serving undergraduates at 34 public and…
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